£398,061
This estimated value is based upon the latest sale price for the house of £320,000 on 15 Jun 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£320,000 | 15 Jun 2018 |
£270,000 | 18 Dec 2015 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 sq feet |
This model uses changes in the Official Land Registry House Price Index for NEWPORT to estimate the market value.
When this house was purchased in June 2018 the House Price Index for NEWPORT was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £320,000 results in an estimated price of approximately £398,061.
15 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £320,000 | £78,061 | £398,061 |
The Postcode Pricing Model uses changes in average sales price within the NP20 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 33.940 % | £108,607 | £428,607 |
3 Month Average | 44.534 % | £142,507 | £462,507 |
6 Month Average | 31.087 % | £99,476 | £419,476 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £535,427 | £527,500 | 49 ALLT YR YN AVENUE |
28 Jul 2023 | £496,685 | £490,000 | 65 ALLT YR YN AVENUE |
22 Mar 2023 | £151,427 | £150,000 | 19 FIELDS PARK COURT |
8 Aug 2022 | £463,752 | £465,000 | 48 BROADLEAF WAY |
26 Jul 2022 | £431,161 | £430,000 | 16 ALLT YR YN AVENUE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 30 Nov 2015. Using an estimated price of £398,062 means this house is valued at £3,431 per sq meter (£318 per sq foot).
The average size of a house on HAZEL TREE GROVE is 182 sq meters (1,962 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Hazel Tree Grove |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Sycamore Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fields Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fields Road |
Dec 2023 | Anti-social behaviour | On or near Allt-Yr-Yn Close |